RENTED MAR 26, 2025

Estimated Value: $350,000 - $392,000

3 Beds
2.5 Baths
1,846 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 11, 2025

Last sale price $380,000 $206 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,224/month

Highlights

  • Breakfast Area or Nook
  • En-Suite Primary Bedroom
  • ENERGY STAR Qualified Appliances
  • Walk-In Closet
  • Ceramic Tile Flooring
  • Central Air

About This Home

As of March 2025

Welcome to this two-story home in the highly sought-after Villas at the Homestead neighborhood of Chesapeake! This beautiful home features 3 bedrooms, 2.5 bathrooms and over 1800sqft of modern designed living space. A spacious kitchen with energy star appliances, granite countertops opening up into the dining and living room area. Large closets in all bedrooms, with the primary bedroom having a beautifully upgraded on-suite to enjoy! High-end LVP flooring throughout the downstairs with newly installed carpet throughout the second floor. Lots of upgrades throughout the home to see, and large backyard for all of your outside enjoyment! Situated with easy access to highways, and access to local amenities!

Last Agent to Rent the Property

Michael Morrill

Verian Realty Listed on: 03/11/2025

Last Renter's Agent

Michael Morrill

Verian Realty Listed on: 03/11/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 1,076 Sq Ft Lot

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,846 Sq Ft Home
  • Property has 1 Level
  • Blinds
  • Crawl Space
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Southeastern Elementary School
  • Jolliff Middle School
  • Western Branch High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Homestead At Bowers Hill Subdivision

Listing and Financial Details

  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Rental Type: Townhouse
  • Lease Type: Yearly
  • Lease Conditions: Lease, Security Deposit
  • Rent Includes: None

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Other
  • GarageYN: Yes
  • Unit Description: Single Family
  • LP/ Sq Ft: 1.54
  • Estimated Year Built: 2017
  • Address Street Name Website: Schaefer
  • Address Website: 602 Schaefer AVE
  • Fence: No
  • Insurance Required Y N: Yes
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2017

Interior Features

  • Interior Amenities: Walk-In Closet, Window Treatments
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Windows Treatments: Blinds
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: Breakfast Area, PBR with Bath, Pantry
  • Appliances: Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Range, Refrigerator, Washer
  • Floor Level: 1
  • Stories Number: 2.0000
  • Estimated Sq Ft: 1846

Exterior Features

  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 2 Car, Multi Car, Off Street, Driveway Spc, Street

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Gas
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Nat Gas

Condo/Co-op/Association

  • Pets: Pet Deposit Addl, Pet Rent Addl, Pet Restrictions

Green Features

  • Energy Efficiency: Storm Doors

Lot Info

  • Waterfront YN: No
  • Estimated Acres: 0.0247

MLS Schools

  • Elementary School: Southeastern Elementary
  • School High School: Western Branch
  • Middle School: Jolliff Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Feb 4, 2025
Sold by
Taylor Alicia
Bought by
Patnaik Satya and Kulkarni Noopur
Seller's Agent
Michael Morrill
Verian Realty
Buyer's Agent
Michael Morrill
Verian Realty
Sold Price
$2,850
Views
57
Current Estimated Value
$369,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,094
Avg. Annual Appreciation
-3.07%
Original Mortgage
$304,000
Outstanding Balance
$302,194
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$67,750

Purchase Details

Closed on
Mar 1, 2018
Sold by
Nvr Inc A Virginia Corporation
Bought by
Taylor Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,250
Interest Rate
4.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patnaik Satya $380,000 Westcor Land Title
Taylor Alicia $256,904 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patnaik Satya $304,000
Previous Owner Taylor Alicia $252,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2025 03/26/25 Rented $2,850 0.0% --
03/24/2025 03/24/25 Off Market $2,850 -- --
03/11/2025 03/11/25 For Rent $2,850 0.0% --
02/11/2025 02/11/25 Sold $380,000 0.0% $208 / Sq Ft View Prior Sale
01/27/2025 01/27/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $380,000 -1.3% $208 / Sq Ft
12/11/2024 12/11/24 For Sale $385,000 -- $210 / Sq Ft
Source: Real Estate Information Network (REIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,434 $337,400 $100,000 $237,400
2024 $3,434 $340,000 $95,000 $245,000
2023 $2,927 $319,900 $90,000 $229,900
2022 $2,858 $283,000 $70,000 $213,000
2021 $2,762 $263,000 $70,000 $193,000
2020 $2,685 $255,700 $70,000 $185,700
2019 $2,685 $255,700 $70,000 $185,700
2018 $2,492 $237,300 $60,000 $177,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10573384

Real Estate Information Network (REIN)

APN: 0231013000060